RE: Hold and Hold7 May 2024 19:27
@Swissydog
Thanks dude , I got lucky a few weeks ago when I was getting nervous about the next HE1 raise. Someone mentioned HEX and I took a look at the company, liked what I read and in all honesty thought at the time it could be a better investment.
I have been through two dilutions in HE1 and still managed to average down to where the SP is at present, but I genuinely think the He1 BOD'S couldn't give a toss as to how much money you put in,.. so it just felt like I needed to go with my instincts and do something to break the rinse repeat, catching a falling knife repetitive cycle I was being sucked into.
I will be honest and add that the only way to stay afloat and make a profit in this game is to stop kidding yourself that there is a large pool of loyal shareholders willing to watch the SP slide,... my rule follows something along the lines of a strategy that I think makes more sense.
Don't allow your investments to fall below 7%,... I decided to tighten that to 5% and I have seen a dramatic turnaround in my fortunes.
I wouldn't rule out buying back in at HE1 but I think I will sit it out and see if a further fund raise is announced before I buy back in.
I've licked off my wounds and l wish everyone invested in here all the very best with whatever level of investment fthey have,... just remember to make it difficult for the mm's,.. it's about time they were fed just the scraps.